Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: edgeX against SoDEX−0.189%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$180.184% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.387%−$39 · spread now −0.189%, 7d avg −0.059%
Together, before fees−0.365%+ Points / potential airdropedgeX: Active · farm board−$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.130% cheaper against SoDEX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ZEC-USD1,457.20.0100pay 0.0013% / 1h53m 04s$233K$3.3M10x
ShortedgeX ZECUSDC1,454.50.0100get 0.0050% / 4h3h 53m$566K$8.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.189% → −0.059%
−$13.03
Slippage, 4 orders
−$1.36
Fee SoDEX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$31.39
Costs to cover
0.184%
Break-even
never at this rate
Slippage from SoDEX: live order book, 1 min ago; edgeX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 1 min ago0.03 bp4.3 bp −$414.8 bp −$148102.7 bp −$10.3Kdoesn't fit
Sell edgeX live order book, 6 min ago0.34 bp5.0 bp −$58.9 bp −$89doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3042%1h1,455.8−0.097%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,455.8−0.099%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,457.2−0.002%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,455.7−0.106%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,456.5−0.049%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,455.8−0.100%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.1−0.008%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0064%8h1,457−0.015%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0072% / S −0.0024%1h1,456.9−0.023%$409K100xas long as short
Popdex ZECUSDT+0.0096%1h1,455.9−0.089%$174K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,456−0.082%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,456.1−0.080%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.1−0.076%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,457−0.012%$14.8M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,456.1−0.079%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.2−0.002%$669.2M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.7−0.106%$261.4M$600.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.2−0.069%$178.3M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,454.1−0.214%$395K$441K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454−0.220%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.8−0.026%$50.5M$170.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.3+0.004%$213.7M$764.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.2−0.001%$102.8M$53.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.8−0.029%$165.7M$270.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.9−0.025%$105.6Mas long as short
Variational Omni ZEC+0.0100%8h1,454−0.220%$47.7M$32.6Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,454.5−0.189%$566K$8.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,455.1−0.145%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,455.5−0.119%$404K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.8−0.165%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.4−0.056%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.9−0.019%$161K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.8−0.094%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459+0.119%$3K$1.1M20xas long as short
SoDEX ZEC-USDlong+0.0100%1h1,457.2long leg$233K$3.3M10x
HTX ZEC-USDT+0.0100%8h1,453.8−0.237%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.4+0.014%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,456.4−0.056%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.2−0.002%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,456−0.085%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,457.7+0.031%$4.6M$1.3M10xas long as short
Hyperliquid ZEC+0.0159%1h1,458.3+0.074%$758.6M$428.4M10xas long as short
Lighter RH ZEC+0.0160%1h1,458.5+0.086%$2.1M$7.0M10xas long as short
Lighter ZEC+0.0176%1h1,458.6+0.092%$19.2M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0187%1h1,457.6+0.027%$2.4M$3.9M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,456−0.081%$922K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,457.2−0.003%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,457.5+0.023%$686K$8.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0377%1h1,457.9+0.048%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458+0.054%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0678%1h1,457.2−0.005%$45K$49K10xas long as short